While not the world oldest profession, the reuse of products is a close second, dating back to when a caveman picked up a spear after his partner was eaten by a lion. Today, it is estimated that 45 percent of industries depend on it. Some examples are the auto industry relying on scrapyards for parts, heavy construction equipment, HVAC systems in buildings, utilities, plumbing, marine, military, aviation, and telecommunications — all rely on....
Fire risk tops the headlines, but short circuit events may be the more immediate threat on your next project. Battery energy storage systems (BESS) are having a moment. After years of promise, the technology has reached an inflection point thanks to plummeting costs, utility-scale deployments, and continuing federal support. BESS has earned its reputation as the sector to watch by solving difficult grid problems. But momentum has a way of o....
In the North American power market, Demand Response (DR) is no longer confined to large industrial facilities turning off heavy machinery during peak hours. Driven by FERC Order 2222 and the rapid deployment of distributed energy resources (DERs), behind-the-meter C&I solar and Battery Energy Storage Systems (BESS) are increasingly relied upon to provide active grid support. Modern utility programs and Virtual Power Plants (VPPs) require C....
Artificial intelligence is rapidly becoming one of the most significant drivers of energy demand growth in modern history. As hyperscale data centers expand across North America to support AI processing, cloud infrastructure, and high-density computing, utilities and developers are accelerating investments in renewable energy projects at unprecedented speed. Much of the public conversation surrounding this transition has focused on solar photovol....
Energy Storage
Schaltbau North America
Energy Storage
Gary Lam
Energy Storage
Sequoya Cross
Stryten Energy LLC (“Stryten” or “Stryten Energy”) and C&D Technologies, Inc. and Trojan Battery Company, LLC (“C&D Trojan”) announced the signing of a definitive agreement for Stryten to acquire C&D Trojan, creating a scaled platform to advance global battery manufacturing and deliver comprehensive energy storage solutions across critical markets. Upon completion of the transaction, the company will continue to be led by Stryten’s Chief Executive Officer and President, Mike Judd. The transaction is anticipated to close in the third quarter of 2026 and is subject to customary closing conditions and regulatory approvals. Terms of the transaction were not disclosed.
“This combination brings together two highly complementary organizations with a shared commitment to delivering reliable, high-performance energy storage solutions,” said Mike Judd, Chief Executive Officer and President of Stryten Energy. “By combining our capabilities, we will accelerate innovation, expand our manufacturing footprint, and better serve customers across transportation, industrial, essential power and military and government sectors.”
“C&D Trojan and Stryten Energy share a strong commitment to innovation, manufacturing excellence, and serving customers in critical markets,” said Rick Heller, President and CEO of C&D Trojan. “By bringing our organizations together, we are expanding our capabilities, broadening our solutions portfolio, and creating a stronger foundation to support customers’ evolving energy storage needs.”
Stryten Energy Will Deliver a Full Energy Storage Portfolio Across Critical Industries
The combined organization will offer one of the industry’s most comprehensive portfolios of lead and lithium-based energy storage technologies, spanning a broad set of markets and applications.
“The addition of C&D Trojan will strengthen our ability to deliver a full portfolio of energy storage solutions to our customers,” said Judd. “Together, we will build a stronger and more agile company that is ideally positioned to meet evolving energy demands.”
Expanding U.S. Manufacturing
Following the close of the transaction, Stryten will operate 15 battery manufacturing and component facilities across the U.S., supported by 3,700 employees. This expanded domestic footprint will strengthen Stryten’s vertically integrated manufacturing supply chain and its ability to produce energy storage solutions at scale to meet growing demand. Additionally, Stryten plans to expand Absorbent Glass Mat (AGM) battery manufacturing capacity to meet increased demand for advanced lead batteries required for hybrid and start-stop vehicle technologies, as well as data center and telecom resiliency applications.
The enhanced scale, expanded product breadth and strengthened domestic manufacturing capabilities will also enable Stryten to expand its support of U.S. Department of War programs and mission-critical infrastructure, delivering reliable, domestically produced solutions designed to meet stringent performance and security requirements.
Stryten is a portfolio company of Atlas Holdings LLC. C&D Trojan is a portfolio company of KPS Capital Partners, LP.
Paul Hastings LLP is serving as legal counsel to Atlas and Stryten. Jefferies is serving as the sole financial advisor, and Paul, Weiss, Rifkind, Wharton and Garrison LLP is serving as legal counsel to KPS and C&D Trojan.
Stryten Energy | stryten.com
C&D Trojan | https://www.cdtrojan.com/
Qcells, a premier provider of complete energy solutions and global solar energy market leader, announced being the first company to receive a certification from TÜV Rheinland -- a leading global independent testing, inspection, and certification organization headquartered in Cologne, Germany -- confirming Qcells’ tandem technology has met standards set by UL Standards & Engagement (UL) and the International Electrotechnical Commission (IEC) on solar panel technology. This reinforces Qcells’ leadership in advancing tandem technology towards real-world, commercial deployment.
“Solar is already cutting energy costs and delivering reliable power to communities around the world, but imagine what this technology could do if it became even cheaper, more efficient, and faster,” said Fabian Fertig, Head of Tandem R&D for Qcells Germany. “Hitting these milestones means we are getting closer to bringing a product to market that is reliable, saves money, and works better. We at Qcells are proud to be a leader in making this possible.”
Tandem technology, which pairs perovskite cells with standard silicon cells, has long shown promise in laboratory settings for improving overall efficiency. It has demonstrated the potential to further reduce the cost of solar energy – which is already the most affordable form of new electricity generation on the planet. Becoming the first company to receive certifications meeting both the IEC and UL 61215 criteria for its tandem modules is proof that Qcells is getting closer to delivering a product that meets stability and standardization measures critical to determining if a product is commercially ready. These certifications are required when determining whether a solar panel is reliable and bankable. This achievement means that these products can withstand incredible stress without dropping in power output beyond the threshold set by these standards. All of these milestones combined demonstrate that Qcells’ tandem technology can now meet the performance benchmarks needed to bring this technology to the masses.
About the Technology
Qcells’ tandem cell technology features a 2-terminal device architecture, which is composed of a perovskite technology top layer and silicon bottom layer featuring Qcells’ proprietary Q.ANTUM technology. The core of this latest achievement by Qcells involves successfully passing the type approval and safety testing sequences outlined in International Standards IEC 61215-2:2021 and UL 61215-2:2021, along with Standards IEC 61730-2:2023 and UL 61730-2:2022. These stress tests have been successfully passed by fulfilling the tandem-specific requirements for power measurements as specified in International Standard IEC TS 60904-1-1 for multi-junction modules.
The tested cells and modules were fabricated using Qcells’ tandem R&D pilot line in Bitterfeld-Wolfen, Germany, by incorporating tandem solar cells on full-area M10 substrates and applying exclusively mass-production processes for cell and module fabrication.
The Bitterfeld-Wolfen R&D Center in Germany is supported by funding from the German Federal Ministry for Economic Affairs and Energy (BMWE), the state of Saxony-Anhalt and the European Union, including the light-house project PEPPERONI, along with the Swiss government. Qcells’ Pangyo R&D center, appointed as a research institute for national projects, has received ongoing support from the Korean government to develop commercially viable tandem cell technology.
Qcells | https://qcells.com/us/
The New Jersey Board of Public Utilities released the first phase of a commissioned study on potential pathways to modernize the state’s utility business model. Conducted by Energy and Environmental Economics Inc. (E3), the study explores modernization pathways that would reduce utility bills while achieving better outcomes for the grid, customers, and advancing New Jersey’s clean energy goals. The process was first launched under Governor Sherrill's first executive order after New Jersey experienced utility bill increases larger than any other state last year.
Among its key findings, the study identifies utility financing modernization and stronger oversight of utility spending as two of the most promising near-term pathways for reform. Modernizing utility financing would reduce utility profits made from major infrastructure investments and would enable more effective, cost-saving solutions like local solar and storage. Coupled with increased public scrutiny of utility spending, these reforms could deliver near-term savings for customers while laying the foundation for long-term cost stabilization and reductions.
While Phase 1 of the study identifies key opportunities for reform, Vote Solar is concerned that this study shies away from the ambitious action needed to address New Jersey’s affordability challenges. To lower bills by reducing excessive infrastructure spending and unreasonable utility profits, Vote Solar recommends implementing a competitive equity auction model, similar to what is being pursued in every state neighboring New Jersey. This model ensures utilities wanting to build more infrastructure receive a return on equity that is determined through a transparent auction process involving diverse investors, rather than closed door negotiations. This sets the stage for better deployment of cost-saving local solar and storage solutions. The New Jersey study names this model but undermines it by failing to capture its potential and its successful use by the U.S. Treasury and across diverse industries.
Vote Solar’s Mid-Atlantic Regulatory Director, Kartik Amarnath, issued the following statement:
“Right now, New Jersey’s utilities are posting record profits while communities are facing some of the highest energy bill increases nationwide. Governor Sherrill rightly described New Jersey’s electricity affordability crisis as a state of emergency. While this study puts a needed magnifying glass on a broken utility business model that prioritizes profits over communities, the study recommends more modest approaches when a more transformative vision is desperately needed.
New Jersey has a once-in-a-generation opportunity to fundamentally rethink how utilities earn profits and ensure their business decisions are aligned with affordability, reliability, and public interest. Every neighboring state is actively pursuing competitive equity auctions to fight utility bill increases that aren’t as bad as New Jersey’s have been. Yet, this report offers recommendations that emphasize gradualism over aspiration. Without a more ambitious vision, New Jersey risks falling behind its neighbors.
Customers are paying more on their energy bills but aren’t getting the service they deserve. During the historic heat wave and storms over the July 4th weekend, 20% of New Jersey lost power while utilities continue to earn returns that exceed some of the largest firms on Wall Street. When families are paying more for less reliable service, something is not working. It’s time to hold utilities accountable and put customers, not shareholder profits, at the center of New Jersey’s energy system.”
Vote Solar | https://votesolar.org/
Enel North America, a leading clean energy company and demand response provider, and Braiins, the global leader in bitcoin mining software and infrastructure, announced the launch of Mining Energy Intelligence to expand demand response capabilities across key U.S. power markets. Mining Energy Intelligence is an integrated energy optimization offering tailored specifically for bitcoin mining operations, with fixed SaaS pricing built into the partnership model. It combines Braiins’ mining software stack with Enel’s demand response market access and expertise to help miners automate curtailment, avoid costly peaks, and unlock new revenue streams.
Through this partnership, Braiins will integrate Enel North America’s demand response platform into select hosted and self-managed mining operations. By dynamically adjusting electricity consumption during periods of peak demand or grid stress, Mining Energy Intelligence enables participating bitcoin mining facilities to help relieve congestion, stabilize the grid, and enable greater integration of renewable energy sources.
Bitcoin mining operations, powered by Braiins’ proprietary software stack including Braiins OS, Braiins Manager and Braiins Pool, are uniquely suited for demand response participation due to their ability to rapidly scale electricity use up or down without impacting critical services. This flexibility makes them ideal partners for programs that require fast, reliable load adjustments.
“The Braiins mining stack does more than turn devices on and off. It continuously optimizes operations around grid conditions, energy price, bitcoin price, and mining difficulty, helping customers increase profitability while protecting fleet longevity with firmware features like Dynamic Performance Scaling (DPS).”
- Will Baxter, Chief Commercial Officer at Braiins
Mining Energy Intelligence will initially be available in PJM and ERCOT - energy markets with high renewable penetration and constrained grid capacity, where demand response plays a critical role in balancing supply and demand, as well as enabling better utilization of existing grid infrastructure. Bitcoin mining facilities who participate will receive financial compensation for reducing load during peak events, creating an additional revenue stream while lowering overall system costs.
This partnership offers value to the grid and to participants:
The collaboration reflects a growing trend of integrating large-scale, flexible loads into grid management strategies, transforming energy-intensive industries into active participants in the clean energy ecosystem. To learn more about Mining Energy Intelligence visit: https://www.enelnorthamerica.com/solutions/energy-solutions/mining-energy-intelligence
Enel North America | enelnorthamerica.com
Braiins | braiins.com
Unirac, North America’s leading manufacturer of solar PV mounting systems, announced it acquired the assets of Terrasmart, a leading provider of ground mount and canopy solutions for the commercial & industrial (“C&I”) and distributed generation (“DG”) solar markets, from Gibraltar Industries.
Terrasmart has a strong brand and a long-standing track record serving the ground mount, tracker, and canopy segments of the DG market across the United States. The acquisition extends Unirac’s platform beyond its core residential and commercial flat roof racking business, positioning the combined company to serve customers across a broader range of solar mounting applications.
“This acquisition is a natural extension of our DG platform,” said Peter Lorenz, CEO of Unirac. “Terrasmart has earned a strong reputation and loyal customer base in ground mount, tracker, and canopy solutions. By bringing Unirac’s product development, supply chain, and engineering capabilities to Terrasmart, we can accelerate innovation, improve delivery, and give our customers a more complete solution set — from the rooftop to even the most difficult ground conditions. We are excited to welcome the talented Terrasmart team to Unirac and look forward to what we will build together.”
“I am proud of Terrasmart’s accomplishments under Gibraltar’s stewardship. Looking forward, I am incredibly excited to join Peter and the Unirac team. Both Unirac and Terrasmart have strong legacies, built by delivering superior products and services to U.S. solar project customers for decades. Combining those legacies demonstrates our unwavering commitment to that marketplace and unlocks new avenues for customer value through broad product and service solutions, geographic reach and delivery execution,” said Ed McKiernan, who alongside other key members of the Terrasmart team, has joined Unirac.
In connection with the transaction, Weil, Gotshal & Manges LLP served as lead legal counsel and Koley Jessen served as legal counsel to Unirac. Perella Weinberg Partners LP served as financial advisor to Gibraltar Industries, and Polsinelli PC served as its legal counsel.
Gibraltar | https://www.gibraltar1.com/
Unirac | https://unirac.com/
ARRAY Technologies, Inc. (NASDAQ: ARRY) (“ARRAY” or the “Company”), a leading global provider of solar tracking technology and fixed-tilt products, foundation solutions, software systems and services, announced it has entered into a definitive agreement to acquire Affordable Wire Management, LLC ("AWM"), a leading provider of wire management, cable protection, and balance-of-system solutions for utility-scale solar and energy storage projects. The acquisition further expands ARRAY’s portfolio of solutions for utility-scale solar customers while creating new growth opportunities in battery energy storage and datacenter markets.
AWM’s products organize, secure, and protect electrical wiring to improve system reliability, safety, installation efficiency, and long-term performance. The company has developed proprietary designs that offer greater durability, enhanced thermal management, and lower resistive losses than conventional solutions. With nearly $60 million trailing twelve months revenue, AWM has built a track record of profitable growth, based on a capital-light operating model and a culture of innovation. The acquisition of AWM is expected to be high single digit accretive to ARRAY’s Adjusted EPS in year one before synergies.
"The acquisition of AWM will further broaden our balance-of-system portfolio and deepen our relevance to our customers as well as create new growth vectors for us in the BESS and datacenter markets," said Kevin G. Hostetler, Chief Executive Officer of ARRAY. “AWM brings a proven, innovative product line and a strong reputation for quality and customer service. Together, we will be able to offer a more complete, integrated solution to our customers across the solar, battery storage, and datacenter markets."
"Becoming part of ARRAY is a tremendous opportunity for our team and our customers," said Scott Rand, Chief Executive Officer and Co-Founder of AWM. "ARRAY’s scale, customer relationships, and global reach will make this the ideal home for our team and our products. We share a culture of innovation and a relentless focus on the customer, and that alignment will unlock real value for customers across solar, storage, and beyond.”
“Differentiating through engineering has always been at the core of how we design our products,” said Dan Smith, Chief Technology Officer and Co-Founder of AWM. “By bringing our wire management and balance-of-system products together with ARRAY’s tracking, fixed-tilt, and foundation platform, we can deliver various integrated solutions engineered to work together – simplifying design, improving installation, and reducing costs for our customers."
Following the closing of the acquisition, AWM’s financial results will be included in the ARRAY Legacy segment. AWM's senior management team is expected to remain with the business following the closing.
Transaction Terms
The total consideration of AWM is $203 million, together representing a multiple of approximately 8.8x AWM’s trailing twelve-month EBITDA. The total consideration consists of a base purchase price of AWM of $153 million and total additional consideration of up to $50 million. The final amount of upfront cash consideration will be determined at closing subject to customary purchase price adjustments. The additional consideration of up to $50 million is comprised of $10 million payable in two equal installments on the first and second anniversary of the closing, each conditioned on the continued employment of the sellers and a performance based earnout of up to $40 million payable in three installments of up to $8 million based on 2026 performance and up to $16 million for each 2027 and 2028 performance years based on AWM’s achievement of certain EBITDA targets during the applicable period. Both components of the earnout may be paid in cash or ARRAY common stock at ARRAY’s option.
Transaction Approvals and Closing Conditions
The transaction is expected to close in the third quarter of 2026, subject to receiving any required regulatory approvals and the satisfaction of other customary closing conditions. Jefferies LLC acted as exclusive financial advisor and Jones Day acted as legal advisor to ARRAY. Edelman Smithfield acted as strategic communications advisor to ARRAY. First Liberties Financial acted as exclusive financial advisor and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. acted as legal advisor to AWM.
Additional information regarding the transaction will be included in a Current Report on Form 8-K to be filed by ARRAY with the U.S. Securities and Exchange Commission (the "SEC").
Affordable Wire Management | https://affordablewm.com/
ARRAY Technologies | https://arraytechinc.com/
Hitachi Energy and Eve have formed a partnership to jointly develop the power infrastructure needed for Eve's "flying car," or electric vertical takeoff and landing (eVTOL) vehicle.
Under the memorandum of understanding, Eve and the energy unit of Japanese conglomerate Hitachi (6501.T), opens new tab will work together on the charging apparatus for the aircraft.
This is the first partnership that Eve, which is controlled by Brazilian aircraft manufacturer Embraer (EMBJ3.SA), opens new tab, has signed for charging infrastructure for its aircraft.
"The power has to be there from day one. Otherwise, we can't fly; we can't take off," Luiz Mauad, Eve's vice president of customer services, told reporters at the event announcing the deal.
Hitachi Energy will adapt its technology for electric vehicle fleet charging to meet the specific requirements of eVTOLs, said Glauco Freitas, the firm's Brazil head.
Eve's aircraft are currently undergoing flight testing, with certification expected in 2028; the firm has already attracted 2,700 pre-orders worldwide.
Hitachi Energy | https://www.hitachienergy.com/us/en
Alternative Energies Jul 13, 2026
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